Listed by Coldwell Banker Best Homes, Bought with RE/MAX FIRST Inc Port Ludlow
NOT LISTED FOR SALE

262 Myrtle St Port Townsend, WA 98368

Estimated Value: $792,000 - $972,000

0.64 Acre
$1,369,211 Price per Acre
27,878 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $190,000

Est. 361% increase in value since last sale

Current estimated payment $5,078/month

3 Days on Market

Highlights

  • Waterfront Community
  • Trails
  • Level Lot
  • Territorial View

About This Lot

As of April 2022

Olympic Mountain views, private access to a gorgeous saltwater beach and a community owned 28-acre greenbelt with trails are some amenities that come with these two beautiful parcels! In the Ocean Grove neighborhood, these adjacent parcels together make a .64 acre property with 3 lots. Parcel 977100617 at 262 Myrtle St. has a 3-bdrm drain field. Parcel 977100609 has no drain field but is a great asset for privacy, views, or to build a shop/garage. Both parcels have PUD water & power on the street. Fabulous location and community. Only 14 buildable sites left in this healthy HOA with 105 homesites total. RV parking available on HOA Lot and there's even a community garden! Quiet, peaceful &15 minutes to historic downtown Port Townsend.

Last Agent to Sell the Property

Pam Begley

Coldwell Banker Best Homes License #114788 Listed on: 03/31/2022

Coldwell Banker Best Homes

Last Buyer's Agent

Staci Matthes

RE/MAX FIRST Inc Port Ludlow License #23012340

RE/MAX FIRST Inc Port Ludlow

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1909873

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,374

Lot Details

  • 0.64 Acre Lot
  • Level Lot

HOA Fees

  • $10 Monthly HOA Fees

Property Views

  • Territorial
  • Limited

Schools

  • Salish Coast Elementary School
  • Blue Heron Mid Middle School
  • Port Townsend High School

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 10, 23 & 24 / 6
  • Assessor Parcel Number 977100617

Community Details

Overview

  • Association fees include common area maintenance
  • Ocean Grove Condos
  • Ocean Grove Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Community
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,374

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Ocean Grove
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: CC&R,NO Manufactured Homes
  • Special Features: None
  • Cumulative Days on Market: 1,219

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Partial, See Remarks, Territorial
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved
  • RoadOnWhichSide: East
  • WaterJurisdiction: Jefferson County PUD #1

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Not Available
  • Water Source: Available, In Street, See Remarks
  • Electricity On Property: Yes
  • Utilities: Common Area Maintenance, Electricity Connected
  • ElectricityStatus: Available
  • GasStatus: Not Available
  • SepticDesignApplied: false
  • SepticDesignInstalled: false
  • SepticSystemType: 3 bdrm hook-up to community drainfield

Condo/Co-op/Association

  • Community Features: CCRs, Community Waterfront/Pvt Beach, Trail(s)
  • Senior Community: No
  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • Junior High Dist: Port Townsend #50
  • High School: Port Townsend High
  • Middle Or Junior School: Blue Heron Mid

Lot Info

  • Parcel Number: 977100617
  • Topography: Level
  • Lot Size Acres: 0.64
  • Lot Size Sq Ft: 27878
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: See Remarks
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 10, 23 & 24

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1374

MLS Schools

  • Elementary School: Salish Coast Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2020
Sold by
Vanburen Bruce C and Vanburen Eva J
Bought by
Rustad Sonjia Marlene and Rustad Family 1995 Revocable Trust
Current Estimated Value
$876,295
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rustad Sonjia Marlene $130,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dewey Ellis Jacob $712,000
Closed Ellis Jacob Dewey $712,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $190,000 +15.2% --
04/03/2022 04/03/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $165,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,521 $400,297 $130,000 $270,297
2022 $839 $105,000 $105,000 $0
2021 $572 $82,500 $82,500 $0
2020 $584 $51,700 $51,700 $0
2019 $505 $51,700 $51,700 $0
2018 $553 $47,000 $47,000 $0
2017 $523 $46,200 $46,200 $0
2016 $502 $46,200 $46,200 $0
2015 $499 $46,200 $46,200 $0
2014 -- $46,200 $46,200 $0
2013 -- $42,000 $42,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1909873

Northwest Multiple Listing Service (NWMLS)

APN: 977100617